Tag Archives: real estate market update

Posted on May 4, 2020

As office tenants assess the financial implications of COVID-19 on their businesses, many will be making decisions about whether to return space to the market, and if so, how much. Considering the economic challenges, including job losses, wrought by the coronavirus, it may seem likely that the amount of sublease space on the market will […]

Posted on January 30, 2020

Hard to believe another year is behind us!  2020 promises to be a very interesting year with a presidential election and growing economy- many of which are suggesting is due for a slowdown… though others argue such sentiments are simply self-fulfilling prophecies. CLICK HERE FOR REPORT Either way, data never lies.  I’m happy to present […]

Posted on December 17, 2018

BOUNTIFUL CLEARWATER CENTER PROPERTY FEATURES  Only Full-Floor Option In South Davis County 3,025 – 18,003 SF Available 4,921 SF Sublease Available ($18.50 PSF Full Service)  LED: 2/29/2020  FF&E Negotiable  Top Floor Opportunity Direct I-15 Visibility Crown Signage Available for Full-Floor Tenant Ample Parking 5:1,000 Immediate Access to I-15   For more information about this offering, […]

Posted on November 13, 2018

Many have reached out asking about Opportunity Zones… what they are; how they work; where they’re located; how they’re identified, etc.  The the government is still working through many of the details regarding this act (as it was only passed late 2017) and still has much clarification that needs to be provided. However, although It’s […]

Posted on November 10, 2018

Hard to believe we’re already in the 3rd quarter of 2018.  Below you’ll find a link to our Q3 overview of the Tech Corridor office sub-market.  This is essentially Sandy to Pleasant Grove and encompasses everything in between.  The snapshot boasts a direct vacancy of less than 5% with more SF delivered and currently under […]

Posted on February 23, 2018

As we move further into 2018 and the year continues to progress, slow and steady growth is expected in the commercial real estate market. Industrial real estate is expected to remain a star performer in the market this year as investors flock to the sector’s strong fundamentals and record-breaking occupancy and rents.  Additionally, construction is […]

Posted on July 27, 2016

It’s hard to believe that we’re already halfway through the better part of 2016, but here we are.  Below is a link I’ve provided for the 2016 Newmark Grubb ACRES Midyear Market Report. All sectors (office, industrial, land, investment, retail) of the commercial real estate markets for the state of Utah are outlined herein. Geographically, this […]

Posted on July 7, 2016

Nearly two years ago, in August of 2014, Pluralsight relocated to Farmington’s new Station Park, leasing nearly 30,000 square feet of prime office space. Chris Falk, then Vice President of Newmark Grubb Acres, was instrumental in locating an ideal office space for the world leader in professional online tech training. “This is the first really […]

Posted on April 29, 2016

The latest Newmark Grubb ACRES market update is now available.  These reports give a great overview of all commercial real estate sectors in Utah (office, retail, industrial, investment, etc.).  To view the reports, please  click here.  Certainly feel free to reach out as well should you have any questions regarding the report in general.